“If the US economy were to go into a deep recession, the trade deficit with China would shrink because American consumption would decrease,” Levine said. “But ... they (Americans) would be worse off. ... To the extent that production moves back to the US, it’s likely to be a highly technology-intensive use of robots and other types of technologies, which are unlikely to boost jobs.”
“As long as there are great entrepreneurs with really interesting stuff to be invested in our ambition and our appetite will be there,” Booms said.
“Consumers increasingly want to stay connected to their homes while on the move,” said Don Butler, Ford’s Connected Vehicle and Services executive director, in a news release. “Linking smart devices like Amazon Echo and Wink to vehicles via SYNC would fulfill that desire, and allow consumers to connect with their vehicles even when they aren’t behind the wheel.”
“As was just seen with that company’s HQ2 competition, a footloose corporation dangles a major investment in front of many cities,” he writes. “Political officials then find themselves in a classic prisoner’s dilemma. They know that they would all be better off simply competing on their natural advantages, not by offering incentives. But because many cities will use incentives, all feel they must.”
“If you look in the enterprise technology space, there are some providers who are competitor-focused,” Jassy said. “They look at what their competitors are doing, and they try to fast-follow one of them. We have a competitor like that across the lake from us here in Washington.”
“Amazon didn’t create any jobs. Amazon probably destroyed a million jobs in our economy,” Hanauer tells The Times, referring to the destruction of bricks-and-mortar companies in the company’s wake.
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“Amazon did build its pricing for the entire procurement, and it wasn’t good enough to win,” Palmer said in the blog post. “And now it wants a re-do. That’s not good for our war-fighters. That’s not good for confidence in public procurement. That’s not good for anybody but Amazon.”
“Amazon’s quest for a second massive corporate base is reminiscent of Boeing’s ongoing efforts to ship jobs out of the Seattle area and hold us hostage,” said Seattle City Councilmember Kshama Sawant in a statement. “For decades, Boeing executives and billionaire shareholders have carried out systematic economic extortion by pitting cities and states against one another, forcing a race to the bottom for the living standards of workers, and crushing labor unions. Amazon has similarly been using its monopoly power to gobble up swathes of prime Seattle real estate, and extract plum deals from the city’s Democratic establishment.”
“Early in our career we went bankrupt and lost everything,” McMahon recalled. “My car was repossessed in my driveway, I was seven months pregnant with my second child, so I get what entrepreneurs go through. I can talk the talk and walk the walk when it comes to starting a business, because I’ve been there.”
“Fundamentally, we’re at the forefront of our nation in rewriting the rules of our economy so that they work for working people and the poor …this most recent influx of money from Amazon is callously disrespectful to the residents of our city,” Jayapal said.